EQT Makes $12bn U.S. Infrastructure Bet

Multistrategy investor EQT recently made three infrastructure deals in the U.S. totaling about $12bn as the Swedish firm bets that rising demand for clean energy will boost returns even as its rivals pour capital into the sector.

Stockholm-based EQT earlier this month agreed to acquire solar-project developer Cypress Creek Renewables – the firm’s first investment in the U.S. renewable sector in a deal worth more than $2bn, according to a person familiar with the matter.

Join 120,000 other PE professionals and subscribe to our weekly newsletter
Learn More

Subscribe to our Newsletter to increase your edge. Don’t worry about the news anymore, through our newsletter you’ll receive weekly access to what is happening. Join 120,000 other PE professionals today.

EQT is a purpose-driven global investment organization with more than €67bn in assets under management across 26 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately €29bn and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.

Source: Wall Street Journal

Can’t stop reading? Read more